The global power over ethernet (PoE) injector market is forecasted to be largely advantaged by the requirement of security and access control and connectivity applications in the commercial sector. This could significantly augment the demand for PoE technology-based products and eventually improve the growth of the market. The swelling popularity of lighting solutions based on the PoE technology could be another factor helping the demand to grow rapidly. With the growing presence of powered device manufacturers and a substantial count of PoE power sourcing equipment in key regions, the demand for PoE controllers and interface controllers (ICs) could proportionally increase. As a result, a massive growth in the market is expected to be on the cards.
The global PoE injector market is projected to grow at a CAGR of 12.5% during the forecast period 2017–2022. By the end of 2022, the market could be worth a US$762.2 mn from US$423.4 mn in 2017.
As per the segmentation study offered in the report, the international PoE injector market could see a classification in terms of type. According to this segregation of the market, multi-port midspan and single-port midspan could be the chief segments. However, amongst these two, the market could receive a strong boost in its growth due to the weighty contribution expected to be made by multi-port midspan. Seasoned analysts are of the opinion that the multi-port midspan PoE injector market could rake in a US$513.8 mn by 2022 end. Greater than any other segment by type, multi-port midspan is anticipated to grow at a US$50.4 mn annually during the course of the forecast timeframe.
Another classification as per end use is expected to suggest that the international PoE injector market could be divided into corporate offices, healthcare facilities, retail, telecommunication, other industrial sectors, and residential.
According to application, the readers are provided with a deep analysis of various important segments of the international PoE injector market such as connectivity, security and access control, lighting control, infotainment, and other applications.
On the basis of revenue, the worldwide PoE injector market is predicted to testify the ascendency of Asia Pacific except Japan (APEJ) over several other regions, including North America, Latin America, Europe, Japan, and the Middle East and Africa (MEA). APEJ could create an absolute revenue opportunity of US$109.2 mn which is prognosticated to be achieved between 2017 and 2022. Moreover, it is envisioned to be one of the most attractive markets for PoE injector.
North America and Europe could be the regions with weighty future shares. However, Japan is envisaged to register a CAGR of 12.8%, which is greater than that expected for the markets of the aforementioned developed regions. Other regions such as the MEA could demonstrate a labored growth in the market.
Among the key players in the worldwide PoE injector market, Advantech Co., Ltd., Phihong Technology Co., Ltd., Linear Technology Corp., American Power Conservation Corporation (A.P.C.) B.V., and Cisco Systems, Inc. could make their presence known.
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